How to Buy & Send Bitcoins on Bitcoin Well
Pay with Bitcoin at checkout and get an instant 10% discount on your order!
BTC 10% discount coupon code: BTC10PCENT (enter it on the cart page).
Bitcoin Well Purchase Guide (Canada & USA)
✅ What You Need Before You Start
- Bitcoin Well Account
- Sign up with just an email and password.
- Account creation is instant. Identity verification happens before or during your purchase.
- Identity Verification (KYC)
- Required before completing your first order.
- Upload a valid ID (passport, license, etc.). The check is quick and often automated.
- Bitcoin Well complies with FINTRAC (Canada) and other financial regulations.
- Bitcoin Wallet Address
- Bitcoin Well is non-custodial: it doesn’t hold your funds.
- You must provide a wallet address to receive BTC.
- Paste our checkout address below so BTC goes directly for your order.
- Payment Method Options
- Canada: Interac e-Transfer from your banking app.
- USA: ACH bank transfer via Plaid; connect and authorize it in the app.
- Some debit card options may exist, but Bitcoin Well focuses on bank methods.
- Timing
- Interac e-Transfers are usually processed in under 30 minutes.
- ACH transfers might take a few hours to one business day.
🛒 Step-by-Step: Buy and send Bitcoin on Bitcoin Well
- Log In and Begin Purchase
- Go to Bitcoin Well and sign in.
- Go to the Buy Bitcoin section.
- Enter Amount
- Enter how much fiat (e.g., $200 CAD or USD) or BTC you want to buy.
- Bitcoin Well shows the real-time conversion rate and quote.
- Add Wallet Address
- Paste our Bitcoin wallet address.
- Optionally give it a nickname like “Checkout” or “My Order.”
- Bitcoin Well may save it for future transactions.
- Paste our Bitcoin wallet address.
- Choose Funding Method
- For Canada:
- Follow instructions for Interac e-Transfer.
- Send the e-Transfer from your banking app to the displayed email or phone.
- Use the specified security question/answer if needed.
- For USA:
- Connect your bank account using Plaid.
- Authorize the ACH transfer from within the interface.
- For Canada:
- Verify Identity (if prompted)
- First-time buyers may need to upload ID at this step.
- Finish verification promptly to avoid processing delays.
- Confirm Transaction
- After sending funds, Bitcoin Well confirms the order is in progress.
- After sending funds, Bitcoin Well confirms the order is in progress.
- Bitcoin Sent Automatically
- Bitcoin is immediately sent to the address you provided.
- You’ll receive a notification or email once sent.
- You can view the transaction on the blockchain using the included TXID link.
Quick Reference YouTube Tutorials: Bitcoin Well
- Video: Bitcoin Well: How to Buy Bitcoin (Direct to Self-Custody): A tutorial showing the process of buying Bitcoin via Bitcoin Well’s platform, including funding via e-Transfer and receiving BTC in your own wallet.
- Video: Bitcoin Well Comprehensive Guide: A walkthrough of using Bitcoin Well’s services (online and ATM) and its non-custodial purchase process.